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12040 338 Avenue E, Rural Foothills County, AB

$1,499,990

Residential · MLS® A2295648
5Bedrooms
3Bathrooms
2,235Sq Ft
2Garage
1950Year Built
02 / Overview

PROPERTY OVERVIEW

A Private Country Oasis on 5.52 Acres | Steps to Town | 2,231 Sq. Ft. Above Grade | Over 3,000 Sq. Ft. of Total Developed Living Space

Discover this exceptional acreage property offering privacy, natural beauty, and timeless country charm — all just minutes from town amenities. Nestled on 5.52 fully treed acres behind a private gated entrance, this uniquely designed residence provides a serene lifestyle while maintaining convenient access to daily necessities and major roadways.

The home features thoughtfully selected farmhouse-inspired...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,235 sq ft
Lot Size240,451 sq ft
ZoningCR
HeatingForced Air
CoolingNone
ParkingDouble Garage Detached • Gated • Gravel Driveway • Insulated • Oversized • RV Access/Parking
ExteriorFire Pit • Garden • Kennel • Private Yard
BasementFull
Year Built1950
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$2,569After mortgage & expenses
Cap Rate2.4%Based on market rents
Cash on Cash Return-10.3%With 20% down payment
Est. Monthly Rent$4,161Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

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Needs Review
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Investment Score53/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Tarandeep Bains · Real Broker